WPP PLC Stock Forecast - 4 Period Moving Average

WPP Stock  USD 46.82  0.06  0.13%   
The 4 Period Moving Average forecasted value of WPP PLC ADR on the next trading day is expected to be 46.77 with a mean absolute deviation of  0.86  and the sum of the absolute errors of 49.68. WPP Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast WPP PLC stock prices and determine the direction of WPP PLC ADR's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of WPP PLC's historical fundamentals, such as revenue growth or operating cash flow patterns. Although WPP PLC's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of WPP PLC's systematic risk associated with finding meaningful patterns of WPP PLC fundamentals over time.
Check out Historical Fundamental Analysis of WPP PLC to cross-verify your projections.
  
At this time, WPP PLC's Inventory Turnover is relatively stable compared to the past year. As of 03/28/2024, Payables Turnover is likely to grow to 1.20, while Receivables Turnover is likely to drop 1.23. . As of 03/28/2024, Common Stock Shares Outstanding is likely to grow to about 1.1 B. Also, Net Income Applicable To Common Shares is likely to grow to about 809.3 M.

Open Interest Against 2024-04-19 WPP Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast WPP PLC's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in WPP PLC's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for WPP PLC stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current WPP PLC's open interest, investors have to compare it to WPP PLC's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of WPP PLC is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in WPP. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in WPP PLC cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the WPP PLC's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets WPP PLC's price structures and extracts relationships that further increase the generated results' accuracy.
A four-period moving average forecast model for WPP PLC ADR is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

WPP PLC 4 Period Moving Average Price Forecast For the 29th of March

Given 90 days horizon, the 4 Period Moving Average forecasted value of WPP PLC ADR on the next trading day is expected to be 46.77 with a mean absolute deviation of 0.86, mean absolute percentage error of 1.28, and the sum of the absolute errors of 49.68.
Please note that although there have been many attempts to predict WPP Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that WPP PLC's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

WPP PLC Stock Forecast Pattern

Backtest WPP PLCWPP PLC Price PredictionBuy or Sell Advice 

WPP PLC Forecasted Value

In the context of forecasting WPP PLC's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. WPP PLC's downside and upside margins for the forecasting period are 44.93 and 48.61, respectively. We have considered WPP PLC's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
46.82
46.77
Expected Value
48.61
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of WPP PLC stock data series using in forecasting. Note that when a statistical model is used to represent WPP PLC stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria112.8472
BiasArithmetic mean of the errors -0.0015
MADMean absolute deviation0.8565
MAPEMean absolute percentage error0.0181
SAESum of the absolute errors49.6775
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of WPP PLC. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for WPP PLC ADR and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

Predictive Modules for WPP PLC

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WPP PLC ADR. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of WPP PLC's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
44.9646.8048.64
Details
Intrinsic
Valuation
LowRealHigh
43.2645.1046.94
Details
Bollinger
Band Projection (param)
LowMiddleHigh
46.4846.7547.03
Details
2 Analysts
Consensus
LowTargetHigh
39.1343.0047.73
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as WPP PLC. Your research has to be compared to or analyzed against WPP PLC's peers to derive any actionable benefits. When done correctly, WPP PLC's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in WPP PLC ADR.

Other Forecasting Options for WPP PLC

For every potential investor in WPP, whether a beginner or expert, WPP PLC's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. WPP Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in WPP. Basic forecasting techniques help filter out the noise by identifying WPP PLC's price trends.

WPP PLC Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with WPP PLC stock to make a market-neutral strategy. Peer analysis of WPP PLC could also be used in its relative valuation, which is a method of valuing WPP PLC by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

WPP PLC ADR Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of WPP PLC's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of WPP PLC's current price.

WPP PLC Market Strength Events

Market strength indicators help investors to evaluate how WPP PLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WPP PLC shares will generate the highest return on investment. By undertsting and applying WPP PLC stock market strength indicators, traders can identify WPP PLC ADR entry and exit signals to maximize returns.

WPP PLC Risk Indicators

The analysis of WPP PLC's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in WPP PLC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wpp stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

WPP PLC Investors Sentiment

The influence of WPP PLC's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in WPP. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to WPP PLC's public news can be used to forecast risks associated with an investment in WPP. The trend in average sentiment can be used to explain how an investor holding WPP can time the market purely based on public headlines and social activities around WPP PLC ADR. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
WPP PLC's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for WPP PLC's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average WPP PLC's news discussions. The higher the estimated score, the more favorable is the investor's outlook on WPP PLC.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards WPP PLC in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, WPP PLC's short interest history, or implied volatility extrapolated from WPP PLC options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether WPP PLC ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if WPP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Wpp Plc Adr Stock. Highlighted below are key reports to facilitate an investment decision about Wpp Plc Adr Stock:
Check out Historical Fundamental Analysis of WPP PLC to cross-verify your projections.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for WPP Stock analysis

When running WPP PLC's price analysis, check to measure WPP PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WPP PLC is operating at the current time. Most of WPP PLC's value examination focuses on studying past and present price action to predict the probability of WPP PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WPP PLC's price. Additionally, you may evaluate how the addition of WPP PLC to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Is WPP PLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WPP PLC. If investors know WPP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WPP PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.55)
Dividend Share
0.394
Earnings Share
0.64
Revenue Per Share
13.846
Quarterly Revenue Growth
(0.01)
The market value of WPP PLC ADR is measured differently than its book value, which is the value of WPP that is recorded on the company's balance sheet. Investors also form their own opinion of WPP PLC's value that differs from its market value or its book value, called intrinsic value, which is WPP PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WPP PLC's market value can be influenced by many factors that don't directly affect WPP PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WPP PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if WPP PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WPP PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.